Tax Benefits of Homeownership
Owning your own home allows you to create a stable living environment for your family, personalize your living space and build equity. With tax season around the corner, homeowners can argue that the tax benefits are one of the biggest perks of owning their own property. Interest & Points When looking at an amortization schedule […]
What to Expect When You Close Your Loan
You’ve signed the purchase agreement and been approved for the loan, but you still have no rights to the property until the day you get to legally transfer ownership: closing day.
What Credit Score is Needed for a Mortgage?
When it comes to pre-approval, your credit score is one of the most influential factors determining your eligibility for a loan and what rate you will qualify for. Lenders use your credit score as a risk assessment for approval. Your score is calculated by a combination of scores from the three national credit bureaus: TransUnion, […]
How to Calculate Property Taxes
Property taxes can drastically change your monthly mortgage payment depending on where you decide to buy a home. What’s more, these taxes can be very confusing for many homeowners. To understand how much property tax you should be paying, you need to have an awareness of how your property is valued and how the taxes […]